Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Nov. 30, 2018	Nov. 30, 2017	Nov. 30, 2016
Cash flows from operating activities:
Net income	$ 170,365	$ 180,595	$ 105,615
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in (income) loss of unconsolidated joint ventures	(9,367)	(2,825)	5,601
Proceeds from Equity Method Investment, Distribution	9,047	0	0
Amortization of discounts and issuance costs	6,232	6,573	7,576
Depreciation and amortization	2,530	2,791	3,637
Deferred income taxes	191,817	105,348	43,211
Loss on early extinguishment of debt	0	5,685	0
Excess tax benefits from stock-based compensation	0	(958)	(186)
Stock-based compensation	15,861	14,633	16,850
Inventory impairments and land option contract abandonments	28,994	25,232	52,812
Changes in assets and liabilities:
Receivables	(49,778)	(12,508)	18,965
Inventories	(270,126)	126,085	(98,321)
Accounts payable, accrued expenses and other liabilities	126,710	66,594	32,723
Other, net	(773)	(4,026)	172
Net cash provided by operating activities	221,512	513,219	188,655
Cash flows from investing activities:
Contributions to unconsolidated joint ventures	(22,671)	(18,694)	(5,602)
Return of investments in unconsolidated joint ventures	9,934	11,035	4,307
Purchases of property and equipment, net	(7,370)	(8,085)	(4,784)
Net cash used in investing activities	(20,107)	(15,744)	(6,079)
Cash flows from financing activities:
Change in restricted cash	0	0	9,344
Repayment of senior notes	(300,000)	(270,326)	0
Borrowings under revolving credit facility	70,000	0	0
Repayments under revolving credit facility	(70,000)	0	0
Issuance costs for unsecured revolving credit facility	0	(1,711)	0
Payments on mortgages and land contracts due to land sellers and other loans	(14,751)	(106,382)	(67,845)
Issuance of common stock under employee stock plans	20,011	23,162	5,343
Excess tax benefits from stock-based compensation	0	958	186
Stock repurchases	(35,039)	0	(85,938)
Tax payments associated with stock-based compensation awards	(8,476)	(6,673)	(2,421)
Payments of cash dividends	(8,892)	(8,642)	(8,586)
Net cash used in financing activities	(347,147)	(369,614)	(149,917)
Net increase (decrease) in cash and cash equivalents	(145,742)	127,861	32,659
Cash and cash equivalents at beginning of year	720,861	593,000	560,341
Cash and cash equivalents at end of year	$ 575,119	$ 720,861	$ 593,000